Amrep reports second quarter fiscal 2023 results

Havertown, pa., dec. 12, 2022 (globe newswire) -- amrep corporation (nyse:axr) today reported net income of $3,621,000, or $0.68 per diluted share, for its 2023 fiscal second quarter ended october 31, 2022 compared to net income of $3,326,000, or $0.45 per diluted share, for the same period of the prior year. for the first six months of 2023, amrep had net income of $5,533,000, or $1.04 per diluted share, compared to net income of $4,963,000, or $0.67 per diluted share, for the same period of 2022. revenues were $16,149,000 and $26,856,000 for the second quarter and first six months of 2023 and $16,112,000 and $26,098,000 for the second quarter and first six months of 2022.
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